Edtech startup Outlier.org raises $16M to provided an online education platform that offers online courses

TechStartups | January 09, 2020

The rising cost of college is creating a financial hole for parents and students. The average price for tuition and fees at four-year private colleges (and some public colleges) and universities has outpaced the rate of inflation by more than 3 percentage points. The current part is not only unsustainable but will also leave college many students in debt even after college. That’s why Outlier.org, an edtech startup was founded by Aaron Rasmussen, who formerly co-founded and led the creative direction of MasterClass, is on a mission to make college affordable with an online education platform that offers online courses that earn students transferable college credit. Unlike traditional online education programs, Outlier.org produces cinema-quality lectures that are taught by some of the brightest and most charismatic figures in academia, including professors from Yale, MIT, Columbia, Cornell, and Davidson.

Spotlight

Every training program has a goal to achieve. This goal can be broken down into specific, measurable learning objectives. Learning objectives let learners know what they will be able to achieve by the end of the course. In other words, learning objectives describe the: Specific learning outcomes of a training program. Conditions under which learning happens.

Spotlight

Every training program has a goal to achieve. This goal can be broken down into specific, measurable learning objectives. Learning objectives let learners know what they will be able to achieve by the end of the course. In other words, learning objectives describe the: Specific learning outcomes of a training program. Conditions under which learning happens.

Related News

CORPORATE LEARNING SYSTEMS

Cornerstone and EdCast Accelerate Innovation for People Growth at Work

Cornerstone | September 14, 2022

Cornerstone OnDemand, Inc., a leader in adaptive HR solutions, today announced several advancements to EdCast, the industry-leading Learning Experience Platform (LXP) acquired by Cornerstone in May 2022. New skills capabilities, deepened cross-platform integrations and more intuitive insights and dashboards top the list of the latest capabilities being delivered since the acquisition to help customers improve people growth and business productivity. In the past five months, we have made tremendous strides in strengthening the connections between the EdCast and Cornerstone offerings,” said Himanshu Palsule, CEO of Cornerstone. Our priority is to deliver more value to combined customers and their users, while ensuring the EdCast LXP is still open, independent and available broadly to any organization with different learning management tools. We are invested in EdCast and bringing to life innovation that revolutionizes the learning and development market. Some of the most recent enhancements to EdCast include: Enriched User Experience: EdCast customers can now take advantage of an updated user experience across products and channels based on a new design system. The new experience provides improved user experience consistency across the platform, visual design with more modern visual identity, improved accessibility standards and more seamless connection between mobile and desktop. Enhanced Learner & Manager Dashboards: Updates to EdCast’s learner dashboard allow employees to connect to one another more intuitively, track their progress, manage their skills profiles and further personalize their learning experience. Manager dashboards provide new actionable insights with a singular view of how their teams are learning, what skills they have and at what level, and assign new relevant and timely learning content to engage them as an active participant in their team’s development. New In the Flow of Work Integrations: The next evolution of the EdCast Integrations Hub includes an enterprise-level workflow automation platform with ready-to-use connectors across a variety of enterprise applications and content providers, and the ability to create customized connectors, ensuring customers can seamlessly incorporate learning into the platforms their people are already using. This includes EdCast’s latest integration with Zoom Video Communication, Inc., which embeds learning and training tools within Zoom Meetings to drive productivity and upskilling in the flow of work. Subject Matter Expert (SME) Empowerment: The EdCast platform now offers more power to internal SMEs so they can share their knowledge and skills with others across their organization. Employees can create their own learning badges to showcase and celebrate skill development and expertise. Employees can also share certification on LinkedIn to promote their skills outside of their organization.While Cornerstone is committed to keeping the EdCast product open and platform-agnostic, the company has also invested in deeper integrations with Cornerstone's existing learning and talent solutions. Together, joint customers will have improved end-to-end content experiences for learners regardless of where they consume learning via a native inline player. A new integration between EdCast and the Cornerstone Skills Graph opens up a taxonomy of over 53,000 skills to develop skill profiles and make skill recommendations based on job roles. Following its acquisition by Cornerstone, EdCast continues to receive industry recognition for its outstanding leadership in the market. Most recently, MyGuide, the Digital Adoption Product (DAP) offering from EdCast, was recognized as a major contender in Everest Group’s PEAK Matrix for DAP Technology. "EdCast is a critical part of our product portfolio at Cornerstone, and our team is diligently focused on doing what we originally set out to do when we launched EdCast: provide the best learning experience platform on the market,The amount of integration progress we’ve made in this short amount of time is astounding, and we have long-term plans to continue at this pace of innovation and transform learning at work.” Karl Mehta, Managing Director, EdCast by Cornerstone About Cornerstone Cornerstone powers the future-ready workforce with adaptive HR solutions designed to unite technology, data and content and inspire a work environment of growth, agility and success for all. With an AI-powered, skills-forward, experiential system designed for the contemporary workforce, we help organizations modernize their learning and development experience, deliver the most relevant content from anywhere, accelerate talent and career mobility and establish skills as the universal language of growth and success across their business. Cornerstone serves over 7,000 customers and 90M users and is available in 180 countries and 50 languages.

Read More

ONLINE EDUCATION

Winston & Strawn Launches Free, Online Course to Help First-Generation and Diverse Law Students Succeed in Law School

Winston & Strawn LLP | October 20, 2022

Winston & Strawn LLP today announced the launch of the Winston & Strawn Law School Experience, a free, virtual course created to help first-generation and diverse pre-law and law students enhance their academic performance in law schoolThe Winston & Strawn Law School Experience addresses the fact that many first-generation and diverse law students confront inequitable access to resources (including tutoring, mentoring, and networking) that are key building blocks for success in law school and the legal profession. This program aims to correct that by providing a methodology for developing the aptitudes that law schools expect and require. The program features instructional videos on topics such as: Succeeding on law school exams; Reading and analyzing case law; and Writing a useful, thorough law school course outline. The program is self-paced and takes approximately six to seven hours to finish. Upon completion, students earn a certificate that can be added to LinkedIn profiles and resumes. "We are launching this program in an effort to tear down barriers that many first-generation and diverse law students face as they consider and enter law school in an effort to level the playing field and increase the pool of talented law students entering our profession," Bill O'Neil, litigation partner in Chicago, chair of Winston's Hiring Committee Bill continued: Law schools are fantastic at teaching students the law; in contrast, the Law School Experience teaches students how to succeed in law school. The program is designed to provide practical skills that we believe will boost students' grades and, ultimately, their employment prospects, which will, in turn, diversify and strengthen the legal profession. Nothing is more important to the future of legal education and law practice than providing equal opportunity for students to learn and excel, said Winston Chairman Tom Fitzgerald. "We encourage students to take advantage of this resource, and we look forward to engaging participants from diverse backgrounds as they pursue their legal education and their promising careers. Winston & Strawn LLP is an international law firm with 16 offices in North America, South America, Asia, and Europe.

Read More

EDUCATION TECHNOLOGY

Thoma Bravo Completes Sale of Frontline Education to Roper Technologies

Frontline Education | October 06, 2022

Thoma Bravo, a leading software investment firm, today announced the completion of its sale of Frontline Education, a leading provider of administration software purpose-built for educators in K-12, to Roper Technologies, Inc. (NYSE: ROP) in an all-cash transaction that values Frontline at approximately $3.725 billion. Frontline, which offers solutions for human capital management, student and special programs, and business operations with powerful analytics to increase productivity and improve overall performance for K-12 administrators, has been a trusted partner to K-12 leaders across all 50 states for decades. "We are grateful to Thoma Bravo for their invaluable partnership over the last five years which has allowed us to further expand the use of our critical solutions by educators across the country,As part of Roper, we are excited to bring enhanced innovation and value to our clients in alignment with our mission to empower K-12 schools with the technology capabilities they need to succeed." Mark Gruzin, Chief Executive Officer of Frontline Education We are extremely proud of our partnership with Frontline and what we have been able to achieve together," said Holden Spaht, a Managing Partner at Thoma Bravo. Applying our deep sector expertise, we worked with Mark and the Frontline team to make strategic acquisitions, increase revenue and expand product offerings and headcount in order to drive sustainable long-term growth. We look forward to following Frontline's continued success with Roper as their partner. J.P. Morgan Securities LLC, Jefferies LLC and Macquarie Capital served as financial advisors and Kirkland & Ellis LLP served as legal advisor to Thoma Bravo and Frontline Education. Cooley LLP also served as legal advisor to Frontline Education. About Thoma Bravo Thoma Bravo is one of the largest private equity firms in the world, with more than $122 billion in assets under management as of June 30, 2022. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. Over the past 20 years, the firm has acquired or invested in more than 400 companies representing over $220 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco.

Read More